Garrett Lord is co-founder and CEO of Handshake, which started as a career network for college students and new grads but recently discovered something extraordinary: they were sitting on the world’s largest network of academic experts—exactly what frontier AI labs desperately needed. With 500,000 PhDs and 3 million advanced degree holders creating training data, in just eight months they’ve built a new business that hit $50 million in revenue in its first four months and is on track to blow past $100M in the first 12 months.
What you’ll learn:
1. How Handshake found an opportunity to leverage their proprietary network of experts to launch a data-labeling business that’s on track to blow past $100 million ARR in 12 months
2. Why AI models need human experts (e.g. physics PhDs) to improve, and what this “data labeling” actually involves
3. Inside the actual work: what a biology PhD does for 8 hours that makes GPT-5 smarter
4. The playbook for building a startup inside a startup: separate teams, separate offices, separate everything
5. Why the shift from “generalist” to “expert” data labeling created a once-in-a-lifetime business opportunity
6. Why AI won’t eliminate entry-level jobs—it’s creating “Iron Man suits” that make junior employees 10x more productive
—
Brought to you by:
CodeRabbit—Cut code review time and bugs in half. Instantly: https://coderabbit.link/lenny
Orkes—The enterprise platform for reliable applications and agentic workflows: https://www.orkes.io/
Claude.ai—The AI for problem solvers and enterprise: http://claude.ai/
—
Transcript: https://www.lennysnewsletter.com/p/inside-handshake-garrett-lord
—
My biggest takeaways (for paid newsletter subscribers): https://www.lennysnewsletter.com/i/171410958/my-biggest-takeaways-from-this-conversation
—
Where to find Garrett Lord:
• X: https://x.com/garrettlord
• LinkedIn: https://www.linkedin.com/in/garrettlord/
• Email: Garrett@joinhandshake.com
—
Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• X: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
—
In this episode, we cover:
(00:00) Introduction to Garrett Lord
(05:00) Understanding data labeling and its importance
(13:08) The role of experts in AI model training
(15:35) The future of AI and human collaboration
(24:17) Why AI won’t eliminate entry-level jobs
(27:58) The continuous improvement of AI models
(33:05) The emergence of Handshake’s new business model
(37:07) Incubating new ideas in established companies
(40:42) Handshake's competitive advantage
(45:43) Scaling up and meeting market demand
(48:38) Overcoming challenges and adapting
(53:08) The importance of separate teams and ownership
(57:26) The future of job matching with AI
(01:00:30) The biggest bottlenecks to advancing models further
(01:02:37) Lightning round and final thoughts
—
Referenced:
• GPQA: https://github.com/idavidrein/gpqa
• Handshake: https://joinhandshake.com/
• OpenAI’s CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter): https://www.lennysnewsletter.com/p/kevin-weil-open-ai
• Inside Bolt: From near-death to ~$40m ARR in 5 months—one of the fastest-growing products in history | Eric Simons (founder and CEO of StackBlitz): .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
NFL Daily with Gregg Rosenthal
Gregg Rosenthal and a rotating crew of elite NFL Media co-hosts, including Patrick Claybon, Colleen Wolfe, Steve Wyche, Nick Shook and Jourdan Rodrigue of The Athletic get you caught up daily on all the NFL news and analysis you need to be smarter and funnier than your friends.